04.23.2024
Rising BOHO spread spurs RIN values higher
Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...
Porcine MBM traded at $382 out of the Mo. River market on what was otherwise a very day. Sources gave little indication as to market direction this week.
Protein prices were lower across the board, led down by a lower priced bean meal market. Despite a lower CME SBM futures price, animal protein values aren’t decreasing at the same rate. The national average feather meal price compared…